Pensions - Articles - Pensioners are being 'alienated' by consumer services


 Almost half of the UK’s pensioners feel that high street services are targeted more towards young people, according to a new study.

 Barclays said 49% of the UK’s over-65s believe that younger consumers are better-served by the country’s retail businesses.

 Some 60% of those questioned in the survey said loud music in shops is their greatest source of annoyance on the high street.

 Meanwhile, 42% said they often get pushed by younger people on stairs as a result of their slower walking pace.

 Fashion items also tend to be geared more towards younger customers, according to the retirees who were queried.

 And long queues at supermarket checkouts pose problems for many pensioners, the study from the banking group revealed.

 More than 50 workers at Barclays have recently made use of an ‘elderly simulation suit’ to discover how older people interact with branch, internet and telephone banking services.

 A bank spokeswoman said: “The outfit simulates what it’s like to live as an older member of society and experience the physical challenges that people with mobility impairments may face.”

Back to Index


Similar News to this Story

PPF marks 20 years of protection in its Annual Report
The Pension Protection Fund (PPF) has published its 2024/25 Annual Report and Accounts, marking its 20th anniversary with a year of strong financial p
DC pensions continue to back Net Zero despite ESG backlash
Barnett Waddingham’s latest DC Sustainability Report finds a 34% increase in allocations to funds with a climate target in the growth stage since orig
Chancellors focus on guided retirement for pensions savers
Ahead of the Mansion House speech to be delivered by UK Chancellor Rachel Reeves on the evening of 15 July, Glyn Bradley, Chair of Pensions Board at t

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.